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Author Topic: STOP With The ICO Garbage  (Read 842 times)
PHDJarrod12 (OP)
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January 31, 2019, 07:48:19 PM
 #1

There's way to many ICO's that are literally trash. Idk how people invest in some of these projects. It's honestly a joke... The Bittorrent ICO would have been a good one to invest in just because of the hype behind it. If the token goes to $0 in a few months it would still be worth it because people are tripling their investment within a few days (probably not worth buying right now, but do your own research). Those type of ICO's are 1 in 1,000,000. The majority of the ICO's people are investing in are pure garbage. They have no utilitarian uses and they have weak fan-bases. I can't comprehend why people don't wait until POST ICO release, THEN analyze the platform and decide whether or not to invest. Doesn't this sound like the best logical solution? Sometimes even quality ICO's dump and you can pick some up for pennies on the dollar "fire sale".

This was a quality ICO, don't believe me? Look at the chart, strong buy action with low sell pressure and you could have picked some up for dirt cheap and doubled your money within days - https://nauticus.exchange/exchange/BTCAUD
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January 31, 2019, 08:32:03 PM
 #2

More and more people are getting annoyed with the icos especially due to slow and low last year, most of ico investors from last year are in massive loss and now people want to get rid of all these ico based projects and looking for better alternative and this space may well be filled by security tokens offerings or stos, where the investor becomes a shareholder, part owner and is able to receive profits generating by the project, i think sto model is both more suitable and attractive for investors and next trend seems to be the sto.

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January 31, 2019, 09:05:27 PM
 #3

There's way to many ICO's that are literally trash. Idk how people invest in some of these projects. It's honestly a joke... The Bittorrent ICO would have been a good one to invest in just because of the hype behind it. If the token goes to $0 in a few months it would still be worth it because people are tripling their investment within a few days (probably not worth buying right now, but do your own research). Those type of ICO's are 1 in 1,000,000. The majority of the ICO's people are investing in are pure garbage. They have no utilitarian uses and they have weak fan-bases. I can't comprehend why people don't wait until POST ICO release, THEN analyze the platform and decide whether or not to invest. Doesn't this sound like the best logical solution? Sometimes even quality ICO's dump and you can pick some up for pennies on the dollar "fire sale".

This was a quality ICO, don't believe me? Look at the chart, strong buy action with low sell pressure and you could have picked some up for dirt cheap and doubled your money within days - https://nauticus.exchange/exchange/BTCAUD
They are investing in those garbage icos because they are trying to do what you are describing, they are not interested in the project behind it, the only thing they care is about the possibility of getting profits and about the hype that a coin has and nothing more, the developers of icos have realized that and they understand that they do not really need to create anything to make millions of dollars, the only thing they need to do is to create a marketing campaign and to get people excited about what they are doing and as long as people keep investing in those kind of projects we are still going to have the same problems with icos.
PHDJarrod12 (OP)
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January 31, 2019, 09:05:54 PM
 #4

More and more people are getting annoyed with the icos especially due to slow and low last year, most of ico investors from last year are in massive loss and now people want to get rid of all these ico based projects and looking for better alternative and this space may well be filled by security tokens offerings or stos, where the investor becomes a shareholder, part owner and is able to receive profits generating by the project, i think sto model is both more suitable and attractive for investors and next trend seems to be the sto.

I agree, I think an STO model is better suited for retail investors in this space. You're investing into something that isn't just an "idea".
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January 31, 2019, 09:30:12 PM
 #5

More and more people are getting annoyed with the icos especially due to slow and low last year, most of ico investors from last year are in massive loss and now people want to get rid of all these ico based projects and looking for better alternative and this space may well be filled by security tokens offerings or stos, where the investor becomes a shareholder, part owner and is able to receive profits generating by the project, i think sto model is both more suitable and attractive for investors and next trend seems to be the sto.

To the long term investors - yes. Today we have a lot of traders in crypto and they are not interested in long term and in project. They are interested in quick money.
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January 31, 2019, 09:36:23 PM
 #6

There's way to many ICO's that are literally trash. Idk how people invest in some of these projects. It's honestly a joke... The Bittorrent ICO would have been a good one to invest in just because of the hype behind it. If the token goes to $0 in a few months it would still be worth it because people are tripling their investment within a few days (probably not worth buying right now, but do your own research). Those type of ICO's are 1 in 1,000,000. The majority of the ICO's people are investing in are pure garbage. They have no utilitarian uses and they have weak fan-bases. I can't comprehend why people don't wait until POST ICO release, THEN analyze the platform and decide whether or not to invest. Doesn't this sound like the best logical solution? Sometimes even quality ICO's dump and you can pick some up for pennies on the dollar "fire sale".

This was a quality ICO, don't believe me? Look at the chart, strong buy action with low sell pressure and you could have picked some up for dirt cheap and doubled your money within days - https://nauticus.exchange/exchange/BTCAUD

Basically with experiences over the few months
I have come to realize that people invest In ico just for quick profits, but cheap in pre sale
And when it lists, dump on a high
It’s  been a continuous sequence even in 2019
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January 31, 2019, 09:42:15 PM
 #7

i believe people are now learning their lesson from those icos they participated in last year.
most of them turned out either a scam or a crap one. many of them lost money.
so even if they will not stop creating and launching ico projects, small time investors in particular are not attracted in investing on them anymore.
wait for them in exchanges where you get really dirty cheap prices

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January 31, 2019, 09:48:19 PM
Last edit: January 31, 2019, 10:27:07 PM by Coin-1
 #8

There's way to many ICO's that are literally trash. Idk how people invest in some of these projects. It's honestly a joke...

Smart investors want to make a profit, so most of them will not buy tokens of a garbage project. Moreover, they are aware of scams that have a beautiful website and look good at first glance.


This was a quality ICO, don't believe me? Look at the chart, strong buy action with low sell pressure and you could have picked some up for dirt cheap and doubled your money within days - https://nauticus.exchange/exchange/BTCAUD

I also like the ICOs conducted by the teams that create new crypto currency exchanges. Such projects often reach the goal if developers work hard on their software and invest in marketing.
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January 31, 2019, 09:58:10 PM
 #9

Well hype really works in crypto and we cant do anything about it because their mindset is getting a quick profit by riding the hype. nowadays most of the investor are not for a long term goal and doesn't really care about the project as long as they get some profits.

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January 31, 2019, 10:02:16 PM
 #10

The Bit torrent ICO is actually a very good project. However a lot of projects have rubbish ICOs and most of them are scam.
I am personally very selective of the ico that are investing because especially in this beer market a lot of icos below token price during the ico stage so for average projects sometimes it is better to buy it on exchange if you feel it is undervalued if it's not and just dumping then you would have dodged a bullet.
Icos are very tricky and you need to be very careful.

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January 31, 2019, 10:21:58 PM
 #11

More and more people are getting annoyed with the icos especially due to slow and low last year, most of ico investors from last year are in massive loss and now people want to get rid of all these ico based projects and looking for better alternative and this space may well be filled by security tokens offerings or stos, where the investor becomes a shareholder, part owner and is able to receive profits generating by the project, i think sto model is both more suitable and attractive for investors and next trend seems to be the sto.

First of all, I like your signature. It's just straight. And it reminds me of the big loss I had last year. Talking about ICO, honestly, it's something I won't advice even my enemy to invest in now. Ico projects do not keep to expectations anymore.
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January 31, 2019, 10:59:41 PM
 #12

ICOs will not stop as long as there are still people buying those coins or tokens. Scammers will try and try again their luck to get quick cash from gullible users. Users should be smart in selecting their projects to invest on.
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January 31, 2019, 11:41:48 PM
 #13

There's way to many ICO's that are literally trash. Idk how people invest in some of these projects. It's honestly a joke... The Bittorrent ICO would have been a good one to invest in just because of the hype behind it. If the token goes to $0 in a few months it would still be worth it because people are tripling their investment within a few days (probably not worth buying right now, but do your own research). Those type of ICO's are 1 in 1,000,000. The majority of the ICO's people are investing in are pure garbage. They have no utilitarian uses and they have weak fan-bases. I can't comprehend why people don't wait until POST ICO release, THEN analyze the platform and decide whether or not to invest. Doesn't this sound like the best logical solution? Sometimes even quality ICO's dump and you can pick some up for pennies on the dollar "fire sale".

This was a quality ICO, don't believe me? Look at the chart, strong buy action with low sell pressure and you could have picked some up for dirt cheap and doubled your money within days - https://nauticus.exchange/exchange/BTCAUD
I made 100% profit from BTT. Have you seen polymath? FYI it's another garbage STO platform. it's received more than 200 millions dollars and this time the marketcap only worth 27 millions dollars and what the heck about that? There was no difference between ico and STO.

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January 31, 2019, 11:43:31 PM
 #14

This was a quality ICO, don't believe me? Look at the chart, strong buy action with low sell pressure and you could have picked some up for dirt cheap and doubled your money within days - https://nauticus.exchange/exchange/BTCAUD
Nice title but you should also stop shilling this nauticus exchange.

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January 31, 2019, 11:56:50 PM
 #15

I think that the launch of new projects will continue for some time, but after that, many companies and fraudulent projects will understand that this is meaningless, because today almost all exchanges conduct a qualitative analysis of any project and they will not take into their trading platform not quality projects.
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February 01, 2019, 12:35:23 AM
 #16

There are a lot of anomalies now in the ICO industry, but I still believe in the midst of these are at least one or two good ICO and proof of that is the raised funds of good ICO, investors are wiser now they can trace good ICO and those bad ICO are paused or never get funded.
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February 01, 2019, 12:57:18 AM
 #17

take it easy, the ico market also always adjusts the crypto market. Broadly speaking, when the crypto market rises, the ico will also rise. this industry is interconnected with one another, because the impact of both is also related to the interests of investors.

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February 01, 2019, 02:42:45 AM
 #18

There is no denying that these days so many Trash ICO appearing, And for the investors that investing in that, i believe that they also doesn't know if the project they invest on is just one kind of garbage project or it even a scam project.
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February 01, 2019, 03:27:53 AM
 #19

There's way to many ICO's that are literally trash. Idk how people invest in some of these projects. It's honestly a joke... The Bittorrent ICO would have been a good one to invest in just because of the hype behind it. If the token goes to $0 in a few months it would still be worth it because people are tripling their investment within a few days (probably not worth buying right now, but do your own research). Those type of ICO's are 1 in 1,000,000. The majority of the ICO's people are investing in are pure garbage. They have no utilitarian uses and they have weak fan-bases. I can't comprehend why people don't wait until POST ICO release, THEN analyze the platform and decide whether or not to invest. Doesn't this sound like the best logical solution? Sometimes even quality ICO's dump and you can pick some up for pennies on the dollar "fire sale".

This was a quality ICO, don't believe me? Look at the chart, strong buy action with low sell pressure and you could have picked some up for dirt cheap and doubled your money within days - https://nauticus.exchange/exchange/BTCAUD
They are investing in those garbage icos because they are trying to do what you are describing, they are not interested in the project behind it, the only thing they care is about the possibility of getting profits and about the hype that a coin has and nothing more, the developers of icos have realized that and they understand that they do not really need to create anything to make millions of dollars, the only thing they need to do is to create a marketing campaign and to get people excited about what they are doing and as long as people keep investing in those kind of projects we are still going to have the same problems with icos.
True investor must know when to get out from a project with profit. Especially if we can see some project not really good for long term. Maybe this hype trend still be something that make that investors happy.
canaveralnonie
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February 01, 2019, 04:29:41 AM
 #20

There's way to many ICO's that are literally trash. Idk how people invest in some of these projects. It's honestly a joke... The Bittorrent ICO would have been a good one to invest in just because of the hype behind it. If the token goes to $0 in a few months it would still be worth it because people are tripling their investment within a few days (probably not worth buying right now, but do your own research). Those type of ICO's are 1 in 1,000,000. The majority of the ICO's people are investing in are pure garbage. They have no utilitarian uses and they have weak fan-bases. I can't comprehend why people don't wait until POST ICO release, THEN analyze the platform and decide whether or not to invest. Doesn't this sound like the best logical solution? Sometimes even quality ICO's dump and you can pick some up for pennies on the dollar "fire sale".

This was a quality ICO, don't believe me? Look at the chart, strong buy action with low sell pressure and you could have picked some up for dirt cheap and doubled your money within days - https://nauticus.exchange/exchange/BTCAUD
They are investing in those garbage icos because they are trying to do what you are describing, they are not interested in the project behind it, the only thing they care is about the possibility of getting profits and about the hype that a coin has and nothing more, the developers of icos have realized that and they understand that they do not really need to create anything to make millions of dollars, the only thing they need to do is to create a marketing campaign and to get people excited about what they are doing and as long as people keep investing in those kind of projects we are still going to have the same problems with icos.
True investor must know when to get out from a project with profit. Especially if we can see some project not really good for long term. Maybe this hype trend still be something that make that investors happy.
So what is the possible alternative thing to do if they stop the ICO? Crypto project need to find first some funds to prolong and develop it's vision and mission through time pass by.
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